Product Counsel, Payments

Overview

A leading live shopping platform in North America and Europe is seeking a Senior Product Counsel to provide legal support for payments and financial services initiatives. This role involves advising on consumer experiences and merchant/acquirer relationships, working closely with Product, Engineering, Business Development, and Risk teams to design, develop, and operate innovative payment systems.

Responsibilities

• Provide strategic and practical legal advice on the design and rollout of payment products, merchant services, and financial infrastructure.
• Advise on regulatory and compliance requirements including U.S. and international payment regulations, money transmission, stored value, AML/BSA, consumer protection, and card network rules.
• Draft, negotiate, and manage complex commercial agreements with processors, acquiring banks, payment facilitators, and other financial partners.
• Collaborate with Compliance, Risk, and Product Operations to develop scalable policies, playbooks, and controls supporting compliant and sustainable growth.
• Support expansion of payment products into new jurisdictions by assessing cross-border licensing and regulatory frameworks.
• Work with Business Development on strategic financial partnerships and integrations.
• Stay current on developments in payments, fintech, and digital commerce regulation and advise leadership on implications for product strategy.
• Contribute to building a scalable, world-class legal function.

Requirements

• Juris Doctor (J.D.) degree and active membership in at least one U.S. jurisdiction (California or New York preferred).
• Minimum 8 years of combined experience in a top law firm and/or in-house legal department.
• At least 3 years advising on payments, fintech, or financial services matters.
• Deep understanding of payments law and infrastructure, including card network operating rules, money transmission, and merchant acquiring frameworks.
• Proven experience negotiating commercial and technology agreements with financial institutions, processors, or payment partners.
• Strong familiarity with U.S. and international regulatory frameworks such as PSD2, e-money, AML, and consumer finance regulations.
• Ability to work cross-functionally in a fast-paced, product-driven environment and provide actionable guidance to non-legal stakeholders.
• Excellent communication, drafting, and interpersonal skills.
• Proactive, business-minded approach with comfort handling ambiguity.
• Sense of humor and humility.

Preferred Qualifications

• Experience working with cross-border payment product expansions.
• Background in fintech regulatory developments and digital commerce.

Compensation & Benefits

• Salary range: $260,000 - $325,000
• Generous holiday and time off policy
• Health insurance options including medical, dental, and vision
• Work from home support with home office setup allowance
• Monthly allowances for cell phone, internet, and wellness
• Annual childcare allowance
• Lifetime family planning benefits (e.g., adoption, fertility expenses)
• Retirement plans including 401(k) with employer match up to 4% (U.S.) and pension plans internationally
• Monthly allowance to use the platform as a buyer and seller
• Paid parental leave: 16 weeks plus one month gradual return to work

Location

This role offers flexibility to work remotely or from one of the global office hubs. Candidates must reside within commuting distance of New York City, Seattle, San Francisco, or Los Angeles offices to support in-person collaboration when needed.